RNT
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4.55% 2.3¢ rent.com.au limited

I think the SPP will be over subscribed as the share price has...

  1. Waz
    118 Posts.
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    15/05/18
    11:39
    Post #: 33100909
    I think the SPP will be over subscribed as the share price has held above the issue price.

    As a result we will only get shares on a pro-rata basis which means you wont get your full allocation!

    However, I believe the company is heading towards being cash flow positive in the near future

    which should inspire confidence and see the share price improve dramatically!

    So I would say any shares acquired at 7.7 cents represents good value IMO!
    RNT Price at posting: 7.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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